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How much will home prices climb over the next year?

Housing Wire

The median price of the new listings this week is $399,900. As the summer progresses, each subsequent week of new listings gets priced at a slight discount to the previous weeks. During the GFC, inventory rose in 2007, 2008, 2009 and 2010. If you’re shopping for a home today, then the median price is $450,000.

Inventory 341
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Home Prices Rising Toward Record Highs – Again

Will Springer Realtor

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

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IS THE HOUSING MARKET HEADED FOR A CRASH?

Will Springer Realtor

The spring season is nearly over and the number of listings hitting the market has already started to decline, a few weeks earlier than most years. The average King County single-family listing sold in May 9.5% months’ inventory (or 17 days of supply if not replenished with new listings), and only 0.4 months (from 0.7)

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Appraiser Salaries

Appraisal Today

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. In Bakersfield, for example, Golden Empire MLS participants can submit a form to post new listings, open houses and price changes.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Except for the pandemic year of 2020, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available. The figure was 37% lower than a year ago and, for context, the five-year average of new listings for the month just before the pandemic began was 4021.